Sausalito, Calif.-based RealReal, founded and headed by Chief Executive Julie Wainwright, said the funding will be applied toward expanding its operations and infrastructure.

"In addition, this investment will help us accelerate our supply and customer acquisition efforts, further cementing our position as the leading marketplace for authenticated luxury consignment,” Wainwright said in a statement.

This latest round of funding comes on top of $14 million the company received in a Series B funding round in April of last year.

The RealReal is an online marketplace for previously owned luxury goods. Its categories include women's and men's fashion, fine jewelry and watches, and fine art. The company plans to add new categories this year.

The company has a full-time staff of authenticators, horologists (clock-makers), licensed gemologists and art curators who accept tens of thousands of new products each month. Consignors receive up to 70 percent of the sale price of their items, while buyers receive up to 90 percent off retail prices, the company said.

The RealReal said it has 2.4 million members, processes more than 40,000 items per month and has shipped more than 450,000 items to date.